What are real estate agents gonna do- payments of a thousand dollars in monthly installments? And car nuts trying to sell their vintage corvair or mustang? I think their cap is a little rediculous and will cause a total revolt especially for those who are trying to sell high dollar items.
And to make it relevant, does anyone know if Gimondi made some lugged ladies bikes? What level were they trying to sell these at? Is it anywhere near the upper end of their line? I see maybe a simplex or huret front der (the plastic one that doesn't work) and cottered cranks, and probably steel rims. It sure looks purty with the lugs, but is this something collectable or pass overable depending on price? Anything else I should look at?
Tom Martin
Oakland CA
LOOP-HOLE
> No Problem !
>
> No Limit !
>
> Here's an extract from that bulletin :
>
> " Only ecommerce payments received from eBay, auction, or website sales
> will count towards the receiving limit. "
>
> Just ask the person paying to choose "other" .
>
> Of course , since this is a limit on RECEIVING , and not a limit on
> SENDING , it will have to be the person who does the paying , looking
out
> for the person who does the selling . . .
>
> And that is a LARGE thing to ask .
>
> And yes , this seems a strange mistake by PayPal .
>
> But perhaps I simply don't understand the difference between a "Personal"
> account , and any other kind of account with PayPal ??
>
> I've had a "Premier" account for a long while . Somebody sent me a
> little refund payment for something or other . It was a credit card
> payment . PayPal said I needed to have a "Premier" account in order
to
> actually get the money . . . It took perhaps 3 minutes to set up the
> "Premier" account . And it has been no problem since then .
>
> Raoul Delmare
> Marysville Kansas
>
> ----- Original Message -----
> From: "Steve Neago" <questor@cinci.rr.com>
> To: <classicrendezvous@bikelist.org>
> Sent: Thursday, January 15, 2004 7:47 AM
> Subject: [CR]Paypal caps seller amt they can receive per month - only 1
> MASIper month???
>
>
> Hello,
>
> Paypal payments to sellers are soon going to be restricted to a total max
of
> $1000 per month. Therefore, the several MASI's that Matteo, Kim, and
> Carsten occasionally sell every month may max out their personal accounts
> for that month if Paypal is used. It is strange that Paypal chose to cap
> personal accounts, perhaps this is their way of forcing individuals to
> obtain monthly charge business accounts...
>
> Regards, Steve Neago
> Cincinnati, OH
>
> Personal Account Receiving Limits
>
> Notice Date: January 8, 2004
> Effective Date: February 13, 2004
>
> Starting on February 13, 2004, PayPal will begin capping the amount
Personal
> account holders in the U.S., U.K., and Canada are able to receive per
month.
> The cap will be the equivalent of $1,000 USD, based on the Primary
Currency
> of the account. In addition, users will no longer be allowed to split
> payments between Personal and Premier/Business accounts. Only ecommerce
> payments received from eBay, auction, or website sales will count towards
> the receiving limit.